OIL-DRI CORP OF AMERICA (ODC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ODC - US6778641000 - Common Stock
Taking everything into account, ODC scores 3 out of 10 in our technical rating. In the past year, ODC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The technical rating of ODC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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45.74
2 important support areas can be observed.
- A support zone ranging from 48.44 to 48.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.20 to 46.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.75 to 53.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ODC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ODC is up. |
| ChartMill Relative Strength | 56.54 | NEUTRAL | ODC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ODC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ODC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.21 | NEUTRAL | The RSI value for ODC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests ODC has a positive trend. |
| Stochastics (14,3) | 83.36 | OVERBOUGHT | The high Stochastics value suggests ODC may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ODC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for ODC suggests a possible start of a new trend. |
52.74
+0.97 (+1.87%)
OIL-DRI CORP OF AMERICA / ODC FAQ
What is the technical rating for ODC stock?
ChartMill assigns a technical rating of 3 / 10 to ODC.
What is the trend direction for ODC stock?
The current trend direction for OIL-DRI CORP OF AMERICA (ODC) is Bearish.
What is the RSI signal for OIL-DRI CORP OF AMERICA (ODC) stock?
OIL-DRI CORP OF AMERICA (ODC) has an RSI value of 58.2056. This indicates that the stock is currently neutral.
What is the MACD signal for OIL-DRI CORP OF AMERICA (ODC) stock?
The MACD indicator for OIL-DRI CORP OF AMERICA (ODC) has a value of 0.589866, indicating a bearish trend.
What is the support and resistance level for ODC stock?
OIL-DRI CORP OF AMERICA (ODC) has a support level at 48.63 and a resistance level at 52.75. Check the full technical report for our detailed analysis of ODC support and resistance levels.